Ian Khan is a futurist who expects that blockchain, artificial intelligence and the Internet of Things will merge together to create an entirely new type of world.\u00a0<\/b><\/p>\n
He\u2019s the inventor of the Future Readiness Score, the author of eight books and the chairperson of the Money 20\/20 fintech conference.<\/p>\n
His first film,\u00a0<\/span>Blockchain City<\/span><\/em>, is far from an underground production. The 42-minute film, which is available on Youtube and Amazon Prime, is a businessy, optimistic and somewhat sanitized take on the industry. It focuses<\/a> decisively on piercing the nebulous concept of \u201cblockchain technology\u201d while largely dodging the sometimes controversial phenomenon of cryptocurrency, promoting blockchain as an efficient tracking mechanism furthering the interests of \u201cthe establishment.\u201d<\/span><\/p>\n Khan\u2019s positioning in the industry is therefore very much in contrast to the cypherpunk movement \u2014 the old guard of the blockchain revolution.<\/p>\n These original torchbearers of the industry were not eager to see the technology used to improve governance systems but to circumvent and effectively overthrow them by turning their outdated systems and processes against them. Such an imagined technological overthrow is, however, unlikely to succeed with the likes of Khan advising governments on how to prevent disruption by way of future readiness.<\/span><\/p>\n At a fundamental level, Khan considers blockchain-based systems as \u201ca way to do things in a better way.\u201d The main reasons for this are the efficiency benefits derived from a network that confirms its own accuracy, and the trust that no unauthorized user has been able to manipulate records.\u00a0<\/span><\/p>\n Notably, he does not give central praise to commonly lauded themes like decentralization [away from governments] or the perceived benefits of online anonymity. Instead, he emphasizes how blockchains can be used by governments to better secure private information and prevent things like identity theft.<\/span><\/p>\n \u00a0<\/p>\n \u00a0<\/p>\n 500 years of basic accounting principles are going to be disrupted. Are you ready? Learn more from @IanKhanFuturist<\/a> and his presentation from ACI Learning\u2019s 2021 Audit\u2019s Future virtual conference. Watch the full session on demand. https:\/\/t.co\/jSHgj9xJVE<\/a> pic.twitter.com\/Dvy4hOMpCN<\/a><\/p>\n \u2014 ACI Learning (@ACI_Learning) August 8, 2021<\/a><\/p>\n<\/blockquote>\n \u00a0<\/p>\n \u00a0<\/p>\n When it comes to \u201cthe last 100 years off, how we\u2019ve been doing business,\u201d for Khan, blockchain is \u201csomething that does things better in 1,000 different ways.\u201d On the part of improving government processes, \u201cthe efficiency part will come up as a result of the exchange of data between government entities \u2014 incredible government services will happen as a result of that.\u201d<\/span><\/p>\n This talk of efficiency and the future does not come from a vacuum, as Khan runs<\/a> a Toronto-based company future-readiness business called <\/span>Futuracy<\/span>, which he describes as \u201can emerging technology educator\u201d that has worked with corporations and governments around the world. The<\/span> prolific author is also a key figure in the Dubai GITEX technology conference \u2014 such a key figure, that he was serving as the stage manager as I arrived to deliver a keynote on the history of the blockchain movement at the event in mid-October. While I was looking to the past, his head was (and is) firmly in the future.<\/span><\/p>\n \u00a0<\/p>\n \u00a0<\/p>\n \u00a0<\/p>\n \u00a0<\/p>\n The firm creates a Future Readiness Strategy for each client. These strategies are tailored based on the answers to 200 questions put to the clients which are designed to reveal weak systems and processes which may be disrupted by advancing technology. Depending on the scale of the organization, minor weaknesses can have outsize impacts. \u201cIf there\u2019s an inefficiency in government, common people will suffer,\u201d he explains, noting the need for future-readiness analysis in preventing disruptions to important functions such as medical care and education \u2014 both of which have been impacted by the pandemic.<\/span><\/p>\n \u00a0<\/p>\n \u00a0<\/p>\n \u00a0<\/p>\n \u00a0<\/p>\n Khan is also looking at other phenomena that promises to shape the future of his clients, namely the <\/span>Future of Work<\/span><\/a><\/em> and <\/span>Artificial Intelligence The Next Frontier<\/span><\/a><\/em>, both of them also titles of his two upcoming films. For him, ideas such as digitization, the Internet of Things, blockchain and artificial intelligence are not standalone innovations. Instead, they are connected and it is only a matter of time until they combine and integrate to form an entirely new tomorrow for the way governments, companies and institutions function.\u00a0<\/span><\/p>\n \u201cIt\u2019s very easy to paint the picture where we can talk about the world that is powered by AI that has blockchain in it,\u201d Khan mentions casually as if the idea is in no way terrifying. It\u2019s about efficiency, as AI-blockchain integration will be \u201csaving lots of time, energy and effort,\u201d and information will be less likely to be stolen, according to Khan.<\/span><\/p>\n Much of Khan\u2019s recent work has been in Dubai, a city he says \u201cis always trying to do things in a different way.\u201d An early patron of the blockchain movement, \u201cDubai was one of the first countries with a blockchain strategy at the government level,\u201d Khan says.<\/span><\/p>\n Khan believes that the best way for governments, large companies and institutions to ease into the blockchain age is for them to provide all employees with an understanding of the technology \u201cwhether they are decision makers or not,\u201d because if an organization is to survive in a changing environment, it has to \u201cbecome a learning entity.\u201d\u00a0<\/span><\/p>\n \u00a0<\/p>\n \u00a0<\/p>\n My take on The past year and Future Readiness. #futurereadiness<\/a> #future<\/a> #change<\/a> #win<\/a> #success<\/a> #strategy<\/a> pic.twitter.com\/JpZs7bixYk<\/a><\/p>\n \u2014 Ian Khan Futurist (@IanKhanFuturist) August 23, 2021<\/a><\/p>\n<\/blockquote>\n \u00a0<\/p>\n \u00a0<\/p>\n The effective way to learn about new paradigm-shifting technologies like blockchain, according to Khan, is to start with examples of successful technical implementation with the goal to \u201cmassively simplify the understanding of these big giant buzzwords, so that people can relate\u201d to what the technology is actually capable of and useful for. In practice, this could mean investing in education courses \u2014 perhaps beginning with watching his film.\u00a0<\/span><\/p>\n Despite his emphasis on learning the basics, Khan concedes there is no need for everyone to have more than a surface-level knowledge. After all, blockchains are horribly complex, but the way we interact with them could be made a lot simpler. Just as not all car users need to understand exactly how a combustion or electric engine works, in the future it will be the \u201cblockchain that is taking care of things underneath the hood,\u201d he says.<\/span><\/p>\n \u201cEverybody needs to be at the basic minimum level of understanding of technology \u2014 it doesn\u2019t matter if they don\u2019t work in the same department. I think education of basic technology concepts and the value it creates is important.\u201d<\/span><\/p>\n<\/blockquote>\n Another way in which organizations, especially governments, can harness the benefits of blockchain is to open up the ideation process by giving as much creative freedom to their people as possible, in order \u201cto come up with ideas that can really change the way they do things.\u201d <\/span><\/p>\n On this virtue, Khan gives special praise to Estonia, a small European country of only 1.3 million, where he says \u201cthere\u2019s a lot of freedom to express\u201d one\u2019s ideas to the highest levels of decision making. As a small country with a huge emphasis on technology, as evidenced<\/a> by the <\/span>eResidency<\/span> program making it easy for digital nomads to operate businesses from the country, Estonia has forged a reputation as a digital hub.<\/span><\/p>\n \u00a0<\/p>\n \u00a0<\/p>\n \u00a0<\/p>\n \u00a0<\/p>\n The third way, Khan says, is for organizations to continuously run small experiments and pilot projects \u201cthat prove a point,\u201d even if there is no obvious short-term benefit or return on investment. As a prime example, Khan brings up <\/span>Zug<\/span><\/a>, a Swiss city of 30,000 which in 2016, adopted Bitcoin as an option for paying city permits. Due to the success of the <\/span>experiment<\/span>, Zug soon became<\/a> known as \u201ccrypto valley\u201d as blockchain companies from around the world opened offices there.<\/span><\/p>\n \u00a0<\/p>\n \u00a0<\/p>\n \u00a0<\/p>\n \u00a0<\/p>\n Instead of being a blockchain native, Khan is future-native. \u201cI just love learning these things and understanding them and helping others understand them,\u201d he proclaims.<\/span><\/p>\n He was born on the Indian side of Kashmir, a region whose other half lies in Pakistan. There, Khan recalls that he became interested in emerging technology at the age of six when he saw a computer at school. \u201cIt was a BBC Micro hooked on to a black and white screen that had Pac Man on, and my mind was completely blown,\u201d he recalls.<\/span><\/p>\n He studied engineering at Kuvempu University in southern India between 1995 and 1999, obtaining a diploma in software at the same time. Soon after graduation, he moved to Bahrain where he worked in a sales and marketing role in the energy industry, while also working towards a diploma in journalism from the London School of Journalism which he received in 2003. In 2007, Khan moved to Canada, where he lives today.<\/span><\/p>\n In Canada, Khan tried his hand at a number of side hustles, upon which he founded Agnitio Solutions. He tried his hand at numerous projects and startups over four years, until \u201cI got into the publishing industry and started a healthcare magazine,\u201d he recalls. In his free time, he continued to study, earning a project management professional certificate from Humber College in 2009 and a certificate in public relations from the University of Toronto the following year.<\/span><\/p>\n Khan had the idea to make a documentary about the blockchain revolution in 2018, around the time that he attended the first Future Blockchain Summit in Dubai, part of the larger <\/span>GITEX<\/span><\/a> technology convention for which Khan serves as Smart Cities Conference Chair. He saw that, in addition to blockchain being incredibly confusing to most people, \u201cthere\u2019s lots of hype around it and there\u2019s lots of misinformation around it,\u201d he notes.<\/span><\/p>\n \u201cThe story needs to be told that clarifies things, brings some light to the situation and helps business decision makers, governments leaders and individuals understand this technology better\u201d<\/span><\/p>\n Blockchain City \u2013 The Future of Cities Driven by Blockchain <\/span><\/em>tells a \u201cstory of cities around the world and their shift towards being technologically powered through Blockchain.\u201d In the 2019 film, he interviews<\/a> representatives of various governments who speak on the wonders of blockchain technology and the opportunities it holds for making societal functions more efficient.\u00a0<\/span><\/p>\n \u00a0<\/p>\n \u00a0<\/p>\n \u00a0<\/p>\n \u00a0<\/p>\n In line with his mantra of teaching from real-life cases, blockchain use cases that were brought up include preventing over-fishing and child trafficking. These examples of the next level of the digitization of governance infrastructure can help global institutions \u201cjoin hands and take the next steps together.\u201d<\/span><\/p>\n While Blockchain Cities largely avoids cryptocurrency, he has made a separate documentary titled<\/a> The Bitcoin Dilemma<\/em> on that subject. It is technologically agnostic and neutral of any politics or ideology, which is known to permeate the cryptocurrency industry.<\/p>\n \u00a0<\/p>\n \u00a0<\/p>\n I recently spoke to the BBC about the International Monetary Funds (IMF) upcoming Global Financial stability report and its recommendations on Crypto. Also discussed was my new documentary film “Bitcoin Dilemma”, El Salvador’s Bitcoin adoption, and the ou\u2026https:\/\/t.co\/lBCKK5e6vV<\/a><\/p>\n \u2014 Ian Khan Futurist (@IanKhanFuturist) October 1, 2021<\/a><\/p>\n<\/blockquote>\n \u00a0<\/p>\n \u00a0<\/p>\n \u00a0<\/p>\n \u00a0<\/p>\n<\/div>\n\n
Back to the Futuracy<\/h4>\n
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<\/span><\/p>\nThoughts from the future<\/h4>\n
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Kashmir to Canada<\/h4>\n
Blockchain documentary<\/h4>\n
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